TMF Group is an independent provider of accounting, corporate secretarial and HR and payroll administrative services to businesses operating on an international scale.
With more than 100 offices in over 75 jurisdictions.
The company was founded in The Netherlands in 1988, and has built a worldwide presence through a combination of organic growth and strategic acquisitions. Between 2006 and 2009, TMF Group made 47 acquisitions including departments of Ernst & Young, KPMG, Grant Thornton and Baker Tilly in countries like Brazil, Argentina, Mexico, China and Australia.
In October 2008, British private equity firm Doughty Hanson & Co bought TMF Group for € 750 million. In January 2011, Doughty Hanson completed its €350 million acquisition of Equity Trust. This paved the way for TMF Group's merger with Equity Trust, which was completed at group level in June 2011. The merger created a global powerhouse with more than 100 offices in over 75 jurisdictions and combined revenues in excess of €400 million, with an EBITDA of €110 million.
Services:
TMF Group caters for an international market. Its diverse international client base includes Fortune 500 and FTSE 250 companies, along with other listed multinational companies, insurance and real estate companies, financial institutions, pension funds, private companies and private clients.
The company currently services around 35,000 entities for its multinational clients with no single one accounting for more than 2% of group revenues.